The Air Force has decided to reduce award fees to Boeing because the company’s work on next-generation Global Positioning System satellites—GPS IIF—reportedly is more than $260 million over budget and three years behind schedule. USAF announced earlier this week that its review of the program turned up problems prompting it to delay launch of the first GPS IIF by a year, while it considered other actions. The Air Force has not yet said just how much Boeing will have to forfeit.
The crash of a T-38 trainer jet this May—which caused a weekslong pause in flights across the fleet—was caused by an improperly installed pin for one of the jet’s horizontal stabilizers, according to a new accident report released Oct. 30. When the pin disengaged midflight, it created the slightest amount…